Dundee to present creditors deal

Published : 08 Feb 2011 10:35:11

Dundee's administrator will make his debt settlement offer to creditors of the First Division club on Tuesday.Bryan Jackson hopes to persuade three quarters of the club's creditors to accept a dividend payment of six pence in the pound. That would allow the First Division club to continue under new ownership. With no other offers for the club, other than that from a fans' group, Dundee could face liquidation if the offer is rejected. Dundee entered administration for the second time in Oct.... read more